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Nutraceuticals Market Size, Global Demand, Key Regions, Latest Trends and Forecast by 2023-2028 The global nutraceuticals market is expected to gain momentum by reaching USD 658.11 billion by 2028 while exhibiting a CAGR of 9.3% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Nutraceuticals Market, 2021-2028.”, mentions that the market stood at USD 320.00 billion in 2020. Factors such as the increasing personalization in nutritional diet and the increasing investment in R&D activities are expected to propel the demand for the product in the forthcoming years. DRIVING FACTORS Increasing Investment in Product Development to Favor Growth In January 2020, Archer Daniels Midland Company announced the acquisition of Yerbalatina Phytoactives, a leading manufacturer of natural plant-based extracts and ingredients. The company with its investment aims to strengthen its position in the market. Similarly, several companies are focusing on investing in R&D activities to develop and introduce health-benefiting food products to cater to the growing demand for nutritious products worldwide. Moreover, the development of natural food products devoid of any harmful substances will boost the global nutraceuticals market growth in the forthcoming years. REGIONAL INSIGHTS Asia-Pacific to Remain at Forefront; Demand for Functional Foods to Increase in North America Among all the regions, Asia-Pacific is expected to remain dominant and hold the highest position in the market during the forecast period. The dominance is attributable to the presence of a large population and the improving living standards in countries such as India, Japan, and South Korea, among others that will boost the demand for nutraceuticals in the region. Moreover, the region stood at USD 124.70 billion in 2020. The market in North America is expected to hold the second position in the market backed by the increasing demand for plant-based nutritional products and the growing demand for functional food in countries such as the U.S. between 2021 and 2028. Market Segmentation: Based on product type, the market is trifurcated into dietary supplements, functional foods, and functional beverages. On the basis of product type, the dietary supplements segment held a global nutraceuticals market share of about 19.12% in terms of revenue in 2020 and is likely to experience considerable growth. This is due to several companies focusing on expanding their dietary supplement production facilities to cater to the growing consumer demand. Based on the distribution channel, the market is categorized into hypermarkets/supermarkets, convenience stores, online retail, and others. Lastly, on the basis of region, the market is segregated into Asia-Pacific, North America, Europe, South America, and the Middle East and Africa. COMPETITIVE LANDSCAPE: Merger and Acquisition between Major Companies to Brighten their Market Prospects The global market comprises small, medium, and large companies that are striving to maintain a stronghold. The large companies are focusing to expand their nutraceuticals portfolio by acquiring other small companies. Moreover, other key players are adopting strategies such as facility expansion, partnership, and collaboration to gain a competitive edge over their rivals that will favor the market growth in the forthcoming years. Key Industry Development: September 2020 - Nuliv Science introduced a new compound, Senactiv that helps to promote muscle energy and regeneration. The company further reports that the new sports product is manufactured taking into consideration the surging demand for dietary supplements among consumers. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/nutraceuticals-market-102530

Probiotics Market Size Estimation, Future Scope, Revenue and Regional Forecast to 2027 The global probiotics market size is expected to reach USD 94.48 billion by 2027 while exhibiting a CAGR of 7.9% between 2020 and 2027. This information is published by Fortune Business Insights in its report, titled "Probiotics Market, 2020-2027". The report further mentions that the market stood at USD 48.88 billion in 2019. The growing consumption of nutritional food among the health conscious section of the market is gaining popularity in recent years. For instance, the Nutrition Society of Malaysia has also introduced the Probiotics Education Program to educate consumers on the health benefits of these products. List of Top 10 Key Players Profiled in the Probiotics Market: Danone S.A. (Paris, France) Lallemand Inc. (Canada) Yakult Honsha (Japan) Nestle S.A. (Vevey, Switzerland) DuPont (Danisco A'S) (Delaware, United States) Chr. Hansen (Horsholm, Denmark) Kerry Inc. (Tralee, Ireland) Post Holdings, Inc. (Missouri) Pepsico, Inc. (New York, United States) Evolve Biosystems, Inc. (Davis, California) What Does the Report Contain? The report offers an insight into the profitability, entire structure, and scale. It also studies the drivers and restraints and considers all the potential threats to the market. The critical analysis of marketplace sections, prediction analysis, and expert insights are strategically included in the report. A wide spectrum of data, including regional analysis, market segmentation, industry developments, and key players, are included in the research conducted by market experts. Driving Factor Rising Awareness of Product through Social Mediums to Surge Demand The numerous health benefits of the product are augmenting the probiotics market growth. The increasing awareness and advertisement by prominent personalities are creating a demand in the market. Various athletes and yoga instructors are emphasizing the health benefits of nutraceuticals through social media as paid partnerships. Also, a considerable chunk of health-conscious vegan consumers prefers to get their nutrients from nutraceutical sources. The industry is also experiencing heavy investment in research and development for innovation. For example, in February 2020, Amorepacific Group inaugurated its novel green tea probiotics Research Centre for studying lactobacillus found in Jeju organic green tea. Regional Insights Rising Awareness of Health Benefits to Aid Growth in Asia Pacific Asia-pacific is expected to hold the largest probiotics market share due to high consumption in China and Japan. The rising awareness of the health benefits of the product is garnering significant demand from the region. For instance, Yakult Honsha declared the company sales of 9,540 bottles of Yakult every day in Japan. North America is anticipated to showcase considerable growth in the forthcoming years. This is due to the well-established food industry in the region. Moreover, a rising preference for a healthy diet owing to the prevalence of lifestyle diseases in the region is anticipated to incur product demand. Competitive Landscape Collaboration by Prominent Companies to Brighten Their Market Prospects The competitive landscape of the market for probiotics enlightens us with details on prominent players of this industry. Technological advancement by key players is being researched to gain traction in the market. Several market giants are also collaborating on production facilities to expand their business horizons. Some companies are also using awareness campaigns to strategically introduce their products in regions with minimal awareness to expand their horizons. Several more strategic collaborations, acquisitions, partnerships, product launches, technological advancement, and others are spread across the market horizon of this product. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/industry-reports/probiotics-market-100083

Chocolate Confectionery Market Demand, Key Regions and Forecast by 2023-2027 The global chocolate confectionery market size is projected to reach USD 136.42 billion by 2027, exhibiting a CAGR of 2.3% during the forecast period. Widespread awareness regarding the potential health benefits of chocolate is expected to play a central role in driving the growth of this market, states Fortune Business Insights™ in its report, titled “Chocolate Confectionery Market Size, Share & COVID-19 Impact Analysis, By Type (Dark, Milk, and White), Category (Premium, Seasonal, and Everyday), and Regional Forecast, 2020-2027”. Chocolate products, especially dark chocolate, offer a plethora of health benefits. Dark chocolate and cocoa are known to have more flavanols, polyphenols, and antioxidants compared to acai berries, blueberries, and many other naturally occurring consumable foods. Further, a dark chocolate bar holds considerable amounts of iron, copper, and fiber, bolstered with an additional variety of other nutrients. A research study in the National Institutes of Health found that consuming dark chocolate helps regulate blood pressure more efficiently as the presence of flavanols can activate the lining within the arteries, reducing the impediments to blood flow and lowering the risk of heart disorders. These benefits of dark chocolate are surging their consumption, which is propelling the global market growth. List of Key Players Covered in the Chocolate Confectionery Market Report are: Mars Inc. (Virginia, U.S.) The Hershey Company (Pennsylvania, U.S.) Mondelez International (Illinois, U.S.) Ferrero SpA (Alba, Italy) Nestle S.A. (Vevey, Switzerland) Ezaki Glico Co., Ltd. (Osaka, Japan) Meiji Holdings Co., Ltd. (Tokyo, Japan) HARIBO GmbH & Co. KG (Bonn, Germany) Chocoladefabriken Lindt & Sprungli AG (Zürich, Switzerland) Barry Callebaut (Zürich, Switzerland) Market Restraints Shrinking Sales amid COVID-19 Pandemic to Stall Market Growth The chocolate confectionery market growth is expected to be hit by the coronavirus pandemic as lockdown and social distancing measures have forced consumers to stay at home and retail shops to close down, albeit temporarily. Moreover, severe global economic downturn has led to job losses and plummeting revenues for businesses, which has arrested spending on non-essential foods such as chocolate products. This, in turn, has contracted sales of some of the major players in the chocolate confectionery industry. The Hershey Company, for instance, reported in April that its international net sales dipped by 8.1% to USD 192.5 million. Similarly, in July 2020, Lindt & Spruengli, the Swiss chocolate maker, announced a fall in organic sales by 5-7% in the current year owing to store closures forced by COVID-19. Regional Insights North America to Have Dominating Lead in the Market Backed by High Demand for Premium Chocolates With a market size of USD 19.50 billion in 2019, North America is anticipated to lead the chocolate confectionery market share during the forecast, mainly owing to the high demand for premium chocolate snacks and products among the consumers in the region. However, in the US, whose market volume stood at 1,410.20 thousand tons in 2019, the market is expected to experience limited growth owing to increasing resistance to high-sugar chocolate confectioneries and rising preference for low-sugar confectionery items. In Europe, chocolate items are a central component in festivals in the region, which is the major factor augmenting the market growth. In Asia-Pacific, per capita consumption of chocolate products is increasing as a result of growing disposable income in the region. Large proportion of young population and evolving taste preferences are having a considerable influence on the growth trajectory of the market in the region. Competitive Landscape Heavy Investments in R&D by Key Players to Create Healthy Competitive Atmosphere The market for chocolate confectioneries is characterized by a healthy competitive climate as top companies are directing their energies towards elevating their R&D capabilities. Moreover, some players in this market are also engaging in efforts towards establishing sustainable agriculture practices in key cocoa producing regions. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/industry-reports/chocolate-confectionery-market-100539

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Food Flavors Market Growth, Trends, Demand and Regional Forecast by 2028 The global food flavors market size was projected to reach USD 20.12 billion by 2028, exhibiting a CAGR of 4.64% during the forecast period. The market stood at USD 14.30 billion in 2020 and is estimated to reach USD 14.66 billion in 2021. Rising adoption of packaged foods and beverages and consumers’ inclination towards clean-label and organic ingredients are likely to propel market development. Fortune Business Insights™ mentions this information in its report titled “Food Flavors Market, 2021-2028.” Food flavors are ingredients that are added to food products and beverages to enhance their taste. The rising consumer preference for packaged foods and beverages is expected to boost the adoption of essences. The sedentary lifestyles of consumers and the rising demand for clean-label and organic food products are likely to bolster the demand for flavoring substances. Further, rising awareness regarding organic edible substances’ health benefits is likely to propel flavoring substances’ adoption. For example, as per the Organic Trade Organization, organic foods and beverages’ sales exhibited a CAGR of 8.81% in the U.S. from 2013 to 2018. In addition, the rising adoption of plant-based products is likely to foster the product’s demand. These factors are likely to propel industry growth. Drivers and Restraints Robust Demand for Floral and Botanical Flavors to Facilitate Market Growth The rising consumer preferences towards floral and botanical aromas are expected to boost food flavors’ demand. The incorporation of floral essences enhances eatable products’ aroma and attracts several consumers. They are utilized by baked foods to improve the aroma and taste of food products. Blackberry-rose marshmallows, lemon-violent granola, honey-lavender gelato, edible lemon-lavender cookies are examples of products that utilize flavoring substances to improve their taste and smell. Furthermore, the rising awareness among consumers regarding the benefits of organic flavors is likely to propel the industry's growth. Organic essences retain the flavor and taste of the product and improve the product’s quality. The risks associated with synthetic flavoring are expected to propel natural flavoring substances’ demand. In addition, natural additives substances also act as a preservative, which, in turn, may boost the product’s shelf-life. These factors may drive the food flavors market growth. However, the incorporation of regulatory policies and norms may impede the growth of the industry. Regional Insights Extensive Adoption of Processed Foods to Boost Market Growth in Asia Pacific Asia Pacific is projected to dominate the market share because of the rising adoption of processed eatables and beverages among consumers. The market in Asia Pacific stood at USD 5.02 million in 2020 and is expected to grow positively during the upcoming years. Further, the presence of several employed individuals and a huge population is likely to boost the adoption of healthy foods and drinks. Moreover, increasing investments in India, Japan, and China is likely to boost the market growth. In addition, the rising adoption of is expected to boost eatable flavors’ demand. These factors may boost market development. North America is the second-largest shareholder because of the adoption of several regional cuisines. Further, the increasing migrant population may boost flavored foods’ demand. In addition, the consumers’ inclination towards Japanese and Indian dishes and flavors may fuel flavoring substances’ adoption. These factors are likely to boost the market growth in the region. In Europe, Russia holds the largest market share because of the presence of a huge population. In addition, the rising adoption of organic products in the U.K. is expected to boost edible flavors’ demand. These factors are likely to boost market development. Competitive Landscape Companies Acquire Crucial Players to Expand Market Reach Globally The prominent companies operating in the market devise acquisition strategies to expand their reach globally. For example, Synergy Flavors acquired Innova Foods, a leading savory flavor manufacturer, in May 2021. It is owned by Griffith Foods and may allow Synergy to expand its reach globally and reach a wider audience. Further, the launch of novel products may help manufacturers grasp the consumers’ attention, boost sales, and improve their brand image. In addition, the adoption of research and development may allow companies to develop better products and incorporate flavors. This strategy may enable the company to establish a remarkable market position. Browse A Complete Research Report: https://www.fortunebusinessinsights.com/food-flavors-market-102745

Eggs Market Share, Size, Regional Analysis and Forecast to 2030 The global eggs market size was valued at USD 136.17 billion in 2022. The market is projected to grow from USD 143.29 billion in 2023 to USD 207.08 billion by 2030, exhibiting a CAGR of 5.40% during 2023-2030. The global consumption of eggs has been on the rise due to their nutritional value and high affordability. The evolving consumer base has led to the development and adoption of new PETA-friendly methods by egg producers worldwide. The consumption of eggs is further propelled by the introduction of new and creative dishes in various cuisines. Segments: Conventional Eggs Steer Market Growth, Favored for Global Penetration By product type, the market is classified into conventional, cage-free, organic, and free-range. The conventional segment is expected to have a high market share during the projected period. This growth can be attributed to the increasing penetration of conventional eggs due to the high preference for conventional production methods globally. Retail Segment Thrives as E-commerce reshapes Retail Landscape Based on end-use, the market is bifurcated into food service and retail (supermarkets/hypermarkets, grocery stores, e-commerce, and others). The retail segment is expected to hold the largest market share during the forecast period. This growth is attributed to the rising advancement and expansions of the e-commerce retail segment in the eggs market. Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Report Coverage- The report offers: Major growth drivers, restraining factors, opportunities, and potential challenges for the market. Comprehensive insights into regional developments. List of major industry players. Key strategies adopted by the market players. The latest industry developments include product launches, partnerships, mergers, and acquisitions. Drivers & Restraints Advanced Technologies Propel Market, Streamlining Supply Chains and Enhancing Accessibility The rising adoption of advanced technologies, including big data analytics and IoT, by key players, is boosting the growth of the eggs market during the forecast period. The advancements in the e-commerce industry, facilitating rapid product delivery, are expected to further drive market growth. These new technologies aid egg producers in reducing supply chain and transportation constraints, thereby aiding market growth. However, the increasing impact of climate change due to global warming may hinder market growth, affecting the quality, quantity, and size of eggs produced in poultry farms. Regional Insights Asia Pacific Dominates as China and India Lead the Charge Asia Pacific held the largest eggs market share in 2022, valued at USD 81.49 billion. This growth is attributed to the rising consumption rate of eggs in India, China, and Japan. China and India, accounting for approximately 40% of worldwide egg production, are major contributors to this growth. North America is also expected to hold a significant market share during the forecast period, driven by the widespread consumption of eggs, especially in Mexico and the U.S., boosting regional growth. Competitive Landscape Rising Key Players’ Focus on Technological Investments to Drive Market Growth The market comprises key players including Rose Acre Farms, Inc., S.A., Hillandale Farms, and Cal-Maine Foods, Inc. These key players are focusing on technological investments to enhance the manufacturing rate of organic products due to their increasing demand worldwide. For instance, Cal-Maine Foods, Inc. initiated investments in the organic product range in April 2022 to meet the growing demand for organic products. Key Industry Development December 2021 – India-based egg production and delivery startup Eggoz raised USD 3.5 million in funding to introduce its D2C channel, aiming to increase market penetration and enhance delivery services. Information Source: https://www.fortunebusinessinsights.com/eggs-market-108483

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